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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 8,372.8 $ 10,725.3 $ 25,735.8 $ 29,159.2
Cost and expenses:        
Cost of products and other 7,943.2 8,802.2 23,666.8 24,670.1
Operating expenses (excluding depreciation and amortization expense as reflected below) 621.4 615.8 1,858.0 1,936.2
Depreciation and amortization expense 149.5 131.2 427.6 397.1
Cost of sales 8,714.1 9,549.2 25,952.4 27,003.4
General and administrative expenses (excluding depreciation and amortization expense as reflected below) 63.2 90.2 186.3 248.1
Depreciation and amortization expense 1.8 2.3 5.3 6.5
Change in fair value of contingent consideration, net 0.0 65.3 (3.3) 32.4
Loss (gain) on sale of assets 0.0 0.1 0.7 (1.3)
Total cost and expenses 8,779.1 9,707.1 26,141.4 27,289.1
Income (loss) from operations (406.3) 1,018.2 (405.6) 1,870.1
Other income (expense):        
Interest expense (net of interest income of $10.8 million, $21.2 million, $41.8 million, and $50.2 million, respectively) (19.0) (23.9) (47.9) (53.9)
Change in fair value of catalyst obligations 0.0 (0.1) 0.0 1.1
Loss on extinguishment of debt 0.0 (5.7) 0.0 (5.7)
Other non-service components of net periodic benefit cost 0.5 0.1 1.7 0.5
Income (loss) before income taxes (424.8) 988.6 (451.8) 1,812.1
Income tax expense (benefit) 2.9 (6.4) 0.3 (7.0)
Net income (loss) (427.7) 995.0 (452.1) 1,819.1
Less: net income (loss) attributable to noncontrolling interest (0.1) 0.1 (0.1) 0.5
Net income (loss) attributable to PBF Holding Company LLC $ (427.6) $ 994.9 $ (452.0) $ 1,818.6